99 207 2,815 $44,050 82 2,198 126 $16,185,725 $19.92 for Every $1 $3,546,651,441
Total Page:16
File Type:pdf, Size:1020Kb
ACROSS OKLAHOMA UNTAPPED POTENTIAL WIDEN THE PIPELINE IMPACTING ALL INDUSTRIES IT’S ABOUT TIME BOARD OF DIRECTORS Mark Ashton, Ashton, Wisener and Munkacsy P.C., Lawton Oklahoma is made up of entrepreneurial people full of ideas and ambition who will drive Through legislative leadership, hard work Oklahoma has key industries in aerospace, agriculture, bioscience, manufacturing, computer The projects funded today will create jobs, exported goods and tax revenue in the future. If the Galynn Beer, Agro-Culture Liquid Fertilizers, Guymon (chair) our economic future. OCAST helps these hard-working people create technologies that will and evaluation of past successes, Oklahoma science, energy, nanotechnology, sensors, health and education. OCAST strengthens these funding is delayed by years, the successful start-up company may also be delayed. advance our society, invent new products and discover medical treatments that will save has developed services that offer financial “clusters” by funding those who work in these important industries and by encouraging David Boren, University of Oklahoma, Norman millions of lives. support and advice to help new technology collaborations and partnerships among researchers and scientists. An investment in OCAST Oklahoma is better prepared to weather economic downturns because our state diversified its Pageant Ferriabough, Business’s Resource Unlimited Inc., Tulsa –Michael Carolina, executive director businesses succeed. Each year, we put new is an investment in each of these industries across the state. economy more than two decades ago. Back then, some said, “it’s about time.” With years of V. Burns Hargis, Oklahoma State University, Stillwater research and development projects into committed investment by our state, a history for high return on investment and quality research the “pipeline,” and over time, many of them projects that are going unfunded, it’s about time again. John Harley, Oklahoma Medical Research Foundation, Oklahoma City 99 FISCal YEAR 2009 ANNUal IMPACT Leveraged private & 2009 FUNDED PROJECTS become profitable businesses that contribute Award federal funds & Number of inventors assisted through Rhonda Hooper, Jordan Associates Advertising and Communications, Oklahoma City Program Amounts business financials Ratio to Oklahoma’s economy. Inventors Assistance Service in 2009 The time has come for Oklahoma to take the next step and adopt an even more ambitious vision Ideas, inventions, new products and processes come from all areas of Oklahoma. Mike Jackson, Oklahoma House of Representative, Enid Applied Research $4,036,023 $97,752,284 24.22 for Oklahoma as a global leader in research and technology. Glen D. Johnson, Oklahoma State Regents for Higher Education, Oklahoma City The more quality ideas we put into the Health Research $4,314,325 $16,740,234 3.88 pipeline, the more business and employment 207 Inventors Assistance Service $159,920 $770,000 4.81 Clark Jolley, Oklahoma State Senate, Oklahoma City opportunities Oklahoma will realize. Number of patents filed in 2009 Manufacturing Alliance* $1,372,028 $267,271,179 194.80 W. Hershel Lamirand III, Oklahoma Health Center Foundation, Oklahoma City 82 2,198 Nanotechnology Applications Project $45,000 $20,344,218 452.09 $19.92 for every $1 Dayal Meshri, Advance Research Chemicals Inc., Catoosa Projects funded since inception Plant Science Research $492,873 $2,182,568 4.43 Cumulative return to Oklahoma Projects funded in 2009 Seed Capital $1,528,467 $8,683,797 5.68 Terry Peach, Oklahoma Department of Agriculture, Food and Forestry, Oklahoma City Small Business Research Assistance $291,133 $20,306,921 69.75 Karl Reid, Oklahoma State University, Stillwater 2009 UNFUNDED PROJECTS $3,546,651,441 Technology Business Finance $724,109 $25,796,525 35.63 INVESTING IN maNUfaCTURING Terry Salmon, Computer System Designers L.L.C., Oklahoma City Technology Commercialization Center $2,050,667 $29,663,000 14.47 Cumulative financial impact of OCAST funded programs on Oklahoma Totals $15,014,545 $489,510,726 E. R. “Tracy” Shirley III, Harrison Gypsum Company, Norman The Oklahoma Manufacturing Alliance, Leverage Ratio 32.60 Natalie Shirley, Oklahoma Department of Commerce, Oklahoma City sponsored by OCAST, is helping state 2,815 $44,050 Edward Shreve, retired CEO/businessman, Stillwater manufacturing businesses, like Choctaw 126 $16,185,725 Number of jobs created or retained by OCAST Average salary of OCAST participants – Defense, become more efficient, grow Amount needed to fund all of the qualified CUMUlaTivE IMPACT 1987-2009 Leveraged private & and its strategic partners in fiscal year 2009 19% above Oklahoma’s per capita income Steadman Upham, University of Tulsa, Tulsa Award federal funds & profits and bring more jobs to the state. unfunded projects from 2009 Qualified projects that went unfunded Program Amounts business financials Ratio Roger Webb, University of Central Oklahoma, Edmond in 2009 INVESTING IN NEW TECHNOLOGY Applied Research $70,032,709 $1,126,064,054 16.08 Sherri Wise, Osteopathic Founders Foundation, Tulsa (vice-chair) Choctaw Defense has operations in Health Research $59,710,493 $291,391,672 4.88 McAlester, Hugo and Antlers with a client Carbon Nanotubes are making metals, nanotubes and the only company of its kind Inventors Assistance Service $1,910,721 $1,676,000 0.88 roster that includes the U.S. Army, GROWTH OF OCAST FUNDING IN TULSA plastics, composites and other materials in the United States. The technology and Oklahoma has unlimited potential to create, discover and invent. But OCAST’s limited funding Manufacturing Alliance* $14,222,220 $1,510,269,228 106.19 Marine Corps, Navy, Air Force, Raytheon, stronger, smaller and more energy efficient. company were developed in Oklahoma. can only go so far. Every year, we run out of funding long before we run out of promising Nanotechnology Applications Project $765,421 $28,525,548 37.27 Lockheed-Martin and Boeing. In 2009, OCAST expanded outreach efforts out to the community in partnership with “Smart bridges” made from fiber reinforced With plans to go public in 2011, SWeNT will projects that have passed our rigorous peer-review process. That leaves untapped potential Plant Science Research $667,129 $3,183,459 4.77 in the Tulsa area. OCAST began accepting the Tulsa Metro Chamber and backing plastics containing nanotubes will sense stay in the state and expects significant and an exciting opportunity for all of us. Seed Capital $2,341,887 $14,998,211 6.40 applications in the Tulsa office; opened an from the University of Tulsa, OSU-Tulsa, and notify engineers when they need to be growth over the next few years. In 2010, Choctaw Defense will start Small Business Research Assistance $3,909,610 $198,966,073 50.89 Oklahoma Inventors Assistance Service OU-Tulsa and Tulsa Community College. production on one of its largest projects Technology Business Finance $7,568,504 $208,027,484 27.49 repaired. Nanotube inks will be used to Ideas originate in garages, at workbenches, in labs and in home offices across the state. office; hosted community leaders and This resulted in a 437% increase in This publication was issued by the Board of Directors as authorized by Title 74 of the Oklahoma Statutes, Section 5060.9. ever – a $62 million contract to build the Technology Commercialization Center $16,906,223 $163,549,712 9.67 “print” LED lighting products that consume “We would not be a leading producer To get Oklahoma citizens’ ideas off the ground and launch new businesses, they need our help. encouraged them to tell researchers OCAST funding to the Tulsa area in just Two thousand copies were printed at a cost of $2,667. next generation of medium tactical vehicle Totals $178,034,917 $3,546,651,441 one third the energy of fluorescent bulbs. of carbon nanotubes today without the Copies have been deposited with the Publications Clearinghouse of the Oklahoma Department of Libraries. 1/10 The more we support the “idea people” in our state, the more our economy will benefit. about funding opportunities; and reached 18 months. trailers for the Marines. More than 60 jobs Leverage Ratio 19.92 SouthWest NanoTechnologies (SWeNT) is support of OCAST.” are being created by this new contract. the leading producer of specialty carbon -David Arthur, CEO of SWeNT * The Oklahoma Manufacturing Alliance leverage is based on client projections of sales and capital investments. Historically, the actual leverage numbers exceed the projections. A TIMELINE OF PaST INVESTMENTS OuR FUTURE WILL BE DEFINED BY TODAY’S CHOICES 2009 ILLUSTRATES WHERE WE ARE TODAY NATCO reported $31.2 million in sales from a project funded by OCAST in 2004. 2003 2014 SaVING LIVES PROJECTION Cumulatively, OCAST leveraged Traditional smoke detectors are 2009 Lifetone’s new low-frequency fire alarms $1 billion for Oklahoma. 2007 5% SuRVIVAL RaTE less likely to wake deep-sleeping will be in homes across the U.S. making Locally produced 7.8% U.S. POPULATION Patrick Swayze dies of pancreatic cancer: the same year, OCAST funds Artillery fire testing is costly in both manpower $229 MILLION children, seniors with hearing houses safer. IMPROVING OIL PRODUCTION and consumed foods OCAST awarded Dr. Sarah Zhang, Dr. Jay Hanas’ cancer research. Two of the deadliest cancers, pancreatic and equipment. Advanced Systems Technology BUSINESS DEAL problems and heavy sleepers. To improve the desalter and dehydrator units not only help local University of Oklahoma Health and lung, have no early symptoms. By the time someone is diagnosed was funded to create a simulation model. OCAST funded Lifetone was funded $100,000 2008 manufactured for the oil production industry, farmers, they also Sciences Center, $270,000 for Dr. Sarah Zhang, University of Oklahoma with pancreatic cancer, there is about a 5% survival rate after 5 years. Novazyme’s research to develop a low-frequency fire 2001 OCAST provided $226,500 to Alphanetics, offer environmental, diabetes research. 23.6 million Health Sciences Center, leveraged a Dr. Hanas at the University of Oklahoma Health Sciences Center is on treatment for alarm capable of waking people INVESTING IN NATCO and Bennett Engineering.